Seven Reasons to Invest in Romania Real Estate Properties
Romania – famous for its beautiful palaces and castles, wonderful food and beverages, Dracula, dazzling women is a beautiful country in Central Eastern Europe. It is the 12th largest country in Europe. The economy of Romania is the growth potential in recent years have shown. Since 2000 Romania has shown a rhythmic growth of 4. 5% to 8 increased. 3% in 2004. The current statement economy in Romania is constantly increasing the level of GDP and significantly high levels of foreign direct investment (FDI). The economy has been recently upgraded to investment-grade rating from Fitch and S & P Romania benefited from rising foreign direct investment through the privatization and the benefits of its large internal market Romania is also a great geographical location at the intersection of several major trade routes accession the Far East with Western Europe. With a population of more than 20 million people, Romania has a large domestic market. After such great estate investment opportunities, Romania is continuously increasing number of foreign investors are attracted to invest in Romania. Stable and promotion of the Romanian government is the other reason, the creation of large investment opportunities in Romania. The property market in Romania is a rocket velocity increases. Here are some good reasons to invest in Romania. Reasons for the Romanian in the Real Estate Property Investment: 1 With strategic and visionary efforts of the Romanian Government, the economy is growing over the years. Romania is one of the fastest growing economies in Europe. 2nd Declining inflation and increasing employment are two other boosters of the rapidly growing economy. Inflation is set to 7. 5% lower in 2005 from 22% in 2002 high. Unemployment also fell by 6 2% in 2006 with less than 3% in Bucharest, which is far lower than many other developed European economies. is confident with control of inflation and falling unemployment Romania’s strong capacity to create buying opportunities over the country. 3rd Foreign investments in Romania will increase dramatically. achieved from 2001 to 2005, foreign direct investment in Romania has over € 5,000,000,000 and € 8,000,000,000 has more in 2006. With 55% of FDI in the capital Bucharest, are large companies from around the world to invest in Romania. 4th Together with the capital Bucharest, Romania as in other cities in Brasov, Transylvania Craiova, Constanta and Iasi, investors should be tightened. Transylvania is Romania’s main tourist capital and attract more investment with the expected huge number of investment opportunities. Another golden opportunity where investors want to invest in Brasov, the most visited city in Romania. After setting up the Brasov International Airport is also connected to the new motorway for easy transport. 5th Report given to the investment experts, says that house prices are likely in Romania thanks to 4-fold higher in the next 10 years continue to increase. In recent years property prices have increased by 25%. Even such a large increase, property prices in Romania are still 20-30% lower than the other Eastern European countries. 6th After accession to the EU in 2007, the real estate market in Romania has affected dramatically. was EU funding for Romania in the development of infrastructure investments in road, hospitals, schools, bridges, etc. EU funds will help create more jobs and thus potential customers looking to buy / rent properties. 7th Low tax rates are another important reason to invest in Romania. Romanian Government has set a flat rate of only 16% for the corporate and income tax. Such tax rate is low and fixed switching Romania to more foreign investors to take on new business locations. Several other secondary factors are also responsible for major investment opportunities in Romania. Romania has a strong network of international airports, two in the capital Bucharest. Designed to facilitate and complete ports in Romania and boost its economy is drastic. Romania has provided vast network of telephone systems with modern telecommunications equipment. Also, there are almost 48 industrial parks. So far, it looks like the boom is yet to come! Buying property in Romania large ROI in the near future. So what are you waiting for? Invest now in Romania better for your future.